Heidelberg Appoints New CEO

Heidelberg Appoints New CEO
Dr. Ludwin Monz.

The Supervisory Board of Heidelberger Druckmaschinen AG (Heidelberg) appointed Dr. Ludwin Monz as the new CEO to succeed Rainer Hundsdörfer. Dr. Monz will take over from Hundsdörfer at the start of the new financial year on April 1, 2022.

Dr. Monz has been a member of the Management Board of Carl Zeiss Meditec AG since 2007 and has been Chairman of the Management Board since 2010. He was also appointed to the Group Management Board of Carl Zeiss AG with effect from January 1, 2014.

After studying and obtaining a doctorate in physics at the University of Mainz, Dr. Monz went on to the National Institute of Standards and Technology in Gaithersburg, USA, and the Gesellschaft für Schwerionenforschung GSI, in Darmstadt, where he worked as a scientist. He is also an MBA graduate of Henley Management College in the UK. In 1994, he joined ZEISS as a scientist. Two years later, he became head of Geodetic Systems Development, then overall head of the business unit. In 2000, he then moved to the Medical Technology division of ZEISS.

‘The Supervisory Board of Heidelberg would like to thank Hundsdörfer for his extraordinary commitment as CEO of the company. He has succeeded in steering the company successfully through the Covid-19 crisis, while at the same time setting the course for the Company’s further strategic development and establishing new business such as e-mobility,’ said Dr. Martin Sonnenschein, Chairman of the Supervisory Board.

For his part, Hundsdörfer acknowledged the trusting cooperation with the Supervisory Board as well as within the company, ‘These have been very challenging years here at Heidelberg. We successfully defied the pandemic and strategically realigned Heidelberg through our successful transformation. I am proud to be part of the Heidelberg family. I wish my successor a good start to the new financial year and continued success.’

Dr. Monz is chairman of the management Board of MDAX-listed Carl Zeiss Meditec AG until the end of December 31, 2021. ‘With the appointment of Dr. Monz, Heidelberger Druckmaschinen AG is gaining a suitable face to drive forward its strategic realignment,’ said Dr. Martin Sonnenschein. ‘He is a proven expert in high technology and innovation with capital market experience.’

Looking ahead to his new role, Dr. Monz commented, ‘For me, Heidelberger Druckmaschinen AG is a flagship of German mechanical engineering. I see enormous potential for the future in the broad expertise of its employees, its widely branched global organisation and its long-established brand.’

In addition, it is planned to extend the Management Board contract with CFO Marcus A. Wassenberg until 2027 as scheduled. With this decision, Heidelberg is relying on continuity with regard to the financial stability achieved and the strategic realignment initiated by the successful transformation. ‘Under the direct leadership of Marcus A. Wassenberg, Heidelberg’s transformation programme has been successfully implemented. Measures introduced are showing measurable success. We look forward to a successful future together,’ said Dr. Sonnenschein.

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